Sir John Templeton Tribute From Franklin Templeton [VIDEO]

Published on Nov 19, 2015

Sir John Templeton Tribute

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each other
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beneficial we don’t know why God put us here it may have been that we are
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supposed to make the best use of our lives to serve united in general I used
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the talent I thought God gave me to select in their search for people
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John marks Templeton was born November 29 1912 in the small town of Winchester
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Tennessee from his mother he learned the value of education and to explore new
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ideas with a perpetual sense of optimism his father was a lawyer and entrepreneur
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who taught young john has earliest lessons in finding opportunities where
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others could see none
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john was an exceptional student who graduated first in his high school class
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and was the first in his town to attend college
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his determination and scholastic achievements to them to Yale University
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but unfortunately the depression soon during the finals finances but I would
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second year at Yale
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while they told me that he couldn’t give me even $1 to go back to college I
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thought that was a tragedy but it turned out to be one of the greatest blessings
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anybody ever gave me because it made me an endo and made me stand on my own two
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feet and then learned the work hard because working hard was the way to
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produce a better result at the age of 18 John had to rely on his own
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entrepreneurial skills to pay for the rest of his college education after
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earning a master’s degree in law john templeton set out to tour the world he
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visited 40 countries and returned home in 1937 determined to build an
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investment business with a global perspective the growth of prosperity in
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the world will be greater when we can all invest in each others focus that’s a
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very inspiring idea to me john started working on wall street in 1937 and by
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1940 he had created his own investment company fourteen years later he
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established the templeton growth fund in 1954
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when we started in a draw upon I didn’t fly from New York and Toronto took over
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night
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home and we held at cheryl has needing and/or May 1 careful
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I thought fit to serve the people in the future and the future with the best
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organization I could find in the world and have to talking with fast number of
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different institutions we selected Franklin Resources up San Mateo
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California my first memory of Sir John was back in 1991 when negotiating the
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merger back in the templeton offices and nasa and we always knew you know what I
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incredibly successful investment organization that he ran that we didn’t
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know was what a tough negotiators John was in and he really went over every
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piece of paper every merger document I remember sitting there at eleven o’clock
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at night and just being amazed at how he could working 14 hours sitting there
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going over page 798 and he did initial every page just just an amazing first
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hand
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and this this merger with Singh’s comment today at the time I was one of
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the first and it really has been a tremendous success it makes me feel very
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hard because throughout all of my eighty three years I have had tremendous help
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from other people and it’s obvious to you under 18 and the brains in the
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wisdom get better every year and I hope it will be that way
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year after year even after I’m gone you must be sure that you don’t listen to
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much to your competitors has stopped never goes down to a very low price
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except one reason and that is that almost everybody trying to sell it so
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you have to be prepared with the independence of you point to be able to
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go to get the crowd to do the opposite of what almost all people are doing
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including the expert otherwise you don’t get in at a bargain price

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